Important Keyword:  Notification No. 18/2022 - CT, Section 50, Section 39, Section 43. GST Section 43. Matching, reversal and reclaim of reduction in output tax liability. -  Enforced w.e.f. 22nd June, 2017. 1. Omitted (w.e.f. 1st October,...

Every registered person shall, subject to such conditions and restrictions as may be prescribed, be entitled to avail the credit of eligible input tax, as self-assessed, in his return and such amount shall be credited to his electronic credit ledger.

(2) Notwithstanding anything contained in this section, no registered person shall be entitled to the credit of any input tax in respect of any supply of goods or services or both to him unless,-